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Snapdeal losses grew 150% to ₹3,316 crore in 2016
short by Vani Vivek / on Wednesday, 18 January, 2017
E-commerce startup Snapdeal's losses rose by 150% to ₹3,316 crore in FY 2016 from a year ago, according to documents filed with Registrar of Companies. The company's revenue jumped 56% to ₹1,457 crore during the period, up from ₹933 crore. Snapdeal's results for the year include the financials of digital payments platform FreeCharge, which it had acquired in April 2015.
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